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by StreamBright 2011 days ago
Exactly. Many people think that free market healthcare is bad because the US healthcare system. Once you are pointing out it is not a free market system they are surprised. The 20% profit cap also not very open market like.
2 comments
StreamBright 2011 days ago
"Health care in the United States is provided by many distinct organizations. Health care facilities are largely owned and operated by private sector businesses. 58% of community hospitals in the United States are non-profit, 21% are government-owned, and 21% are for-profit."

Makes me wonder, why people think it is free market healthcare?

https://en.wikipedia.org/wiki/Health_care_in_the_United_Stat...

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what2build 2011 days ago
The so-called by many, Father of Capitalism, Adam Smith, only defined market in terms of a free labor market.

He also wrote that whatever type of government existed in a nation, it would likely need to enforce equality of condition to avoid what we’d call monopoly of labors agency.

He was openly hostile to extreme division of labor, paraphrasing, it would turn humans into the dumbest creatures to ever exist.

Labor hardly seems free when Fed policy has been to tighten screws on workers, growing worker insecurity, to keep them circling back to that cubicle every morning: https://www.nytimes.com/1997/02/27/business/job-insecurity-o...

Look at that. Hundreds of years ago humans realized exactly what humans are capable of emotionally and warned against it.

Reminds of me of the ancient Greeks who, again paraphrasing, wrote they hope the rubes do not some day realize there are no gods atop Olympus. Just men on thrones manipulating their fears.

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